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STRAIT OF HORMUZ CLOSURE
Global Market: Eurozone bond yields climb as Middle East tensions rekindle inflation concernsEurozone government bond yields climbed on Monday due to escalating US-Iran tensions. Oil prices surged significantly after Iran announced ...- Rupee hits one-month low as renewed Mideast conflict lifts oil pricesThe Indian rupee reached its weakest point in over a month on Monday. Renewed Middle East hostilities and Iran's Strait of Hormuz claim sen...
- Oil Price Today (July 13): Crude oil up almost 5%, nears $80 as US, Iran unleash more strikes. $100 in sight?Brent crude futures advanced $3.34, or 4.38%, to $79.5 a barrel, while U.S. West Texas Intermediate (WTI) crude gained $3.07, or 4.30%, to ...
- Gold slides over 1% as oil surges on Strait of Hormuz closure fearsGold prices declined over one percent in early Asian trade Monday. Oil prices jumped sharply, increasing inflation concerns and interest ra...
- Dollar jumps on renewed Middle East attacks, Hormuz closureThe dollar strengthened against most currencies due to renewed Middle East conflict. This conflict fueled inflation fears and increased rat...
- D-St set for a negative opening as GIFT Nifty signals weak startIndian equity markets are expected to sustain their gradual upmove. Supportive domestic fundamentals and improving global cues are driving ...
- Iran expands attacks on Gulf states after US strikes, says Strait of Hormuz closedU.S. and Iranian forces exchanged heavy missile and drone assaults across the Gulf region. Iran stated it had again closed the vital Strait...
- 'Era of one-sided deals over': Iran Parl speaker Ghalibaf warns US after trade of strikes in Strait of HormuzIran's Parliament Speaker declared one-sided deals are over after US strikes. US forces conducted extensive strikes targeting Iranian milit...
- Iraqi prime minister to visit Washington on Monday; oil and gas deals expectedIraq's prime minister will visit Washington to strengthen strategic and economic ties. Oil and gas deals are expected to be signed, boostin...
- Strait of Hormuz remains open despite Iran's closure declaration, maritime group saysThe vital shipping lane through the Strait of Hormuz remained operational, defying Iran's earlier announcements of a closure. While commerc...
- Iran moves to close Strait of Hormuz. Should investors fear a Nifty crash in coming days?Indian equities are likely to remain volatile this week as escalating tensions in West Asia and the closure of the Strait of Hormuz threate...
- Iran declares Hormuz closed after 'unauthorised' vessel hit, warns of 'severe response'Iran closed the Strait of Hormuz after a vessel incident and warned of severe retaliation. The United States demands Iran cease attacks and...
- Could oil prices spike further? Inside the fragile US-Iran stance in the GulfGeopolitical tensions in the Middle East have escalated after attacks on commercial vessels. Iran's objective appears to be expanding its s...
- ONGC to undertake 1.75 MMT strategic oil reserve expansion at MangaluruONGC approved a 1.75 MMT strategic petroleum reserve expansion at Mangaluru. This project will add significant storage capacity to India's ...
- Inflation concerns prevailed in Kevin Warsh's first FOMC meeting: Fed minutesDuring its June meeting, the Federal Reserve decided to keep interest rates unchanged. Committee members expressed concerns about rising in...
- India’s wartime buying spree leaves behind a cooking gas surplusIndia's fuel retailers now have excess cooking gas supplies. They had booked extra cargoes anticipating supply disruptions in the Persian G...
- Prolonged US-Iran tensions may push India's crude basket above $75/bbl, raise inflation risks: ExpertsMarket experts warn a prolonged US-Iran standoff could increase India's crude oil import costs. Diversified sourcing is expected to cushion...
- NY Fed says supply chain pressures eased in JuneGlobal supply chain pressures eased in June, with the New York Fed index falling to 1.25 as Middle East disruptions showed signs of easing....
- One tycoon makes millions from 'dark' journeys on a dangerous oil route while others feared HormuzAmidst the Persian Gulf war, the UAE secretly navigated its oil exports through the Strait of Hormuz using 'dark' ship transits. Korean shi...
- Hormuz traffic eases, ships continue using disputed Oman routeDespite a projectile striking a vessel, ships are continuing to use a non-Iranian-approved passage through the Strait of Hormuz. Traffic le...
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